ZIBS Signed MOU with NUS IORA and Launched Singapore Centre

Today, ZIBS signed a Memorandum of Understanding (MOU) with the National University of Singapore's (NUS) Institute of Operations Research and Analytics (IORA). ZIBS Singapore Centre, the first overseas branch of the school, was also launched during the event.

Alvin Shen, ZIBS Professor of Practice and Director of ZIBS Singapore Centre, moderates the signing ceremony.

In the presence of Dr. Han Jun, Minister Counsellor of the Chinese Embassy in Singapore, Prof. BEN Shenglin, Dean of ZIBS, signed an MOU with Prof. Teo Chung Piaw, Executive Director of IORA. Dr. Han Jun said that the collaboration in business studies between the two well-known universities is another iconic achievement of educational cooperation between Singapore and China.

Prof. BEN Shenglin (first from left front), Dean of ZIBS, signed an MOU with Prof. Teo Chung Piaw (middle in the front), Executive Director of IORA .

According to the MOU, the two sides will conduct joint degree programmes and Executive Development Programmes (EDP), as well as establish a joint laboratory of supply chain management and supply chain finance. 

Prof. Teo Chung Piaw, Executive Director of IORA, said in his remarks: "I am looking forward to working with ZIBS… The MOU will not only lift IORA's research capabilities but also support the development of enterprises in ASEAN."

Prof. Teo Chung Piaw, Executive Director of IORA, accepts Fortune Times interview.

The ZIBS Singapore Centre has a professional faculty team that comprises entrepreneurs and bankers from the world's leading businesses as well as experts and professors from top-ranking universities from all over the world, officials said.

Dr. Han Jun, Minister Counsellor of the Chinese Embassy in Singapore, delivers a speech.

Prof. BEN Shenglin, Dean of ZIBS, said: "Today's centre is going to be the new beginning of our dreams… I want to learn experiences from Operational Research."

He said Singapore Centre is a forefront of ZIBS's international strategy, with its commitment to staying relevant in talent growth and scientific research projects. Hopefully, the Centre will become a bridge between China, Singapore, and ASEAN to promote their economic, industrial, and research exchanges. We are devoted to tapping into the full potential of cooperation and exchanges in any form in ASEAN.

Prof. BEN Shenglin, Dean of ZIBS, delivers a keynote speech.

ZIBS and IORA also agreed to work together to conduct research and teaching programmes and promote advanced business analysis and operational technology. In principle, they aim to further facilitate academic studies and industrial cooperation, with the eventual purpose of pushing ahead the cooperation and development between Singapore and China in the ASEAN market.

Rodney Sin, Head of Great China & Japan & North Asia, Bank of Singapore, said: "By combining the strength of both schools, this platform is to share their insights… and to have cross-cultural exchanges."

Mr. Rodney Sin, Head of Greater China and North Asia, Singapore, Bank of Singapore delivers a speech.

Ms. Jean Chia, CIO, Bank of Singapore, delivers a guest speech.

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After the MOU signing ceremony, ZIBS and IORA co-hosted their first Singapore Forum with its theme of "Singapore in a Divided World – The Future of Finance, Supply Chain & More". Moderated by Alvin Shen, Director of ZIBS, Singapore Centre, the Forum was attended by Prof. Teo of IORA, Prof. BEN of ZIBS, Dr. Robert Yap, Executive Chairman of YCH Group, Tan Kah Chye, Founder of CCR Partner, Ms. Jean Chia, CIO, Bank of Singapore, and Ouyang Xiuzhang, Founder and CEO of Cove Investment.

Against the backdrop of multiple geopolitical crises, the participants of the Forum recognize that countries and regions in the Asia-Pacific must enhance their ties and exchanges, particularly in areas of trade and supply chain, to leverage each other's strengths and foster win-win cooperation. Participants emphasized the importance of close collaboration among not only governments but enterprises, organizations and educational institutes, so as to navigate the turbulence in the financial world and achieve success in a post-COVID environment.

ZIBS and IORA co-hosted their first Singapore Forum with its theme of "Singapore in a Divided World – The Future of Finance, Supply Chain & More".

NUS IORA

Established in November 2016 as a university level research institute, IORA conducts research on the optimisation, analysis and management of service systems, including model formulation, algorithm design, analysis of service strategies, and software development.

The vision is to establish IORA as a centre of excellence to integrate Operations Research with Data Analytics, giving new impetus to fundamental research to promote the adoption of prescriptive analytics in academia and industry, attracting and nurturing top talents (faculty and students) for the profession.

For more information on IORA, please visit https://iora.nus.edu.sg/

(The article was originally published in Fortune Times, Tap "Read more" below to read the article.)

Photo｜Dominic Chan

Editor｜LI Songjiao

Managing Editor｜CHENQI Lisha

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